THIS Is How Obama Turned His Presidency Around

TPM has put up the above chart of Obama's approval rating titled, "Anatomy Of A Come Back."

In the accompanying post, Kyle Leighton explains how in the fall, Obama successfully won the payroll tax cut fight, and took advantage of GOP squabbling, while at the same time the GOP started to bash each other in the primary. Thus his approval rating came surging back.

That all may be part of it, but here's our idea.

Obama's approval rating comes down basically to one thing: The stock market.

The below chart takes a weekly look at his approval rating done by Gallup vs. the daily level of the S&P 500.

The lines basically move together perfectly. THIS is why the President is coming back.

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The Bleachers

THIS Is How Obama Turned His Presidency Around
Joe Weisenthal and Jon Terbush | 2 hours ago | 4,621 | 60
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TPM
TPM has put up the above chart of Obama's approval rating titled, "Anatomy Of A Come Back."
In the accompanying post, Kyle Leighton explains how in the fall, Obama successfully won the payroll tax cut fight, and took advantage of GOP squabbling, while at the same time the GOP started to bash each other in the primary. Thus his approval rating came surging back.
That all may be part of it, but here's our idea.
Obama's approval rating comes down basically to one thing: The stock market.
The below chart takes a weekly look at his approval rating done by Gallup vs. the daily level of the S&P 500.
The lines basically move together perfectly. THIS is why the President is coming back.

UNDER W WE WOULD BE LOOKING AT 50% UNEMPLOYMENT AND 2 MORE WARS AND 100M IN FOOD STAMPS
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Beltway Greg on Feb 3, 2:44 PM said:
@Bunts Singh: Headline should read: "Turned America Around."
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Carlisle on Feb 3, 2:48 PM said:
@facebook fucking genius: Why is this trailer trash language allowed on a business site? This is revolting and really shows the level of education of this comment section. Pathetic.
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Liberals Are Lying Racist Hypocrites on Feb 3, 3:23 PM said:
@Bunts Singh: LOL what a bunch of idiots... turned what around? he sucks as a president the economy sucks and he will be booted out of office.,..yeah great turnaround.. Liberal Hack Journalists are so out of touch with the real world...but ne because theuy are also so spaced out on weed!!!
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imdwightgooden on Feb 3, 2:33 PM said:
wow, he's gone ROARING from 43% to 46%... either way, that spells trouble for an incumbent
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imdwightgooden on Feb 3, 2:43 PM said:
@Bunts Singh: just so you know, whenever someone types in all caps, the only thing people think when seeing your post is CRAZYCRAZYCRAZY

btw, i don't care about mitt romney... i also don't care about obama, america or you... don't you get it dummy- i'm getting out of the system... the debts and burdens of america are no longer mine... you're on your own buntsy
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imdwightgooden on Feb 3, 2:49 PM said:
@Bunts Singh: figures you're a religious freak... who do you talk with more- your sky god or the voices in your head

btw, congrats on learning how to shut off the all caps key.. now maybe if you keep it up they'll loosen your straight jacket a little for you at the asylum
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Bunts Singh (URL) on Feb 3, 2:56 PM said:
@imdwightgooden: dwighto....

did you lose a lot of money recently in stock market when I specifically told you not to bet against a melt up?

I made over Million since Jan1st....should've listened to me pal.
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imdwightgooden on Feb 3, 2:34 PM said:
can you show his approval rating from march 2009 to june 2010 while the stock market was flying high?
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Bunts Singh (URL) on Feb 3, 2:41 PM said:
@imdwightgooden: DWIGHTO

U DUMB....WHAT MATTERS IS THE TREND AND NOT THE PAST
COME NOVEMBER UNEMPLOYMENT = 6.95%

when you've got 50% of the population at passengers on the tit sucking gravy train, it's pretty tough to lose

but again CRAZYCRAZYCRAZY, do know that i'm extricating myself and my assets from the system as much as possible... and also, thank you for creating a tax system that benefits those w/access to good accountants and attorneys
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Bunts Singh (URL) on Feb 3, 2:47 PM said:
@imdwightgooden: ah so sweet...I agree with you after 1 year of headbutting.

yes yes Obama will win because he is the best option we have right now.

Mitt Shamney doesn't care about Poor people...soon to be a Kanye song.
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imdwightgooden on Feb 3, 2:52 PM said:
@Bunts Singh: he's not the best option... it's just that we've got a tyranny of the masses where over 1/2 population is so loserish that they would die w/o the government taking care of their pathetic asses... and as one of the few remaining highly productive people left, i know an extra special burden is going to be placed on me

but again, do know that i'm going to reject it... i make enough money- i don't need to work any harder... and actually, i'll be putting most of my efforts into earnings non-income generating things... pay me in equity, pay me in services, pay me in gold, shit pay me in diapers... just don't pay me in trackable income
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Bunts Singh (URL) on Feb 3, 2:58 PM said:
@imdwightgooden: dwighto,

oooooosaaaaaaa

ooooosaaaaaaaaa
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GOP Doom on Feb 3, 2:34 PM said:
Meanwhile, the Congress, which does include the GOP, sees its rating continue to decline.

So sad. So sad.

The GOP, like the dinosaurs, don't even see it coming.
It won't be long now........dooooooooooom.
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dljenni on Feb 3, 2:47 PM said:
@GOP Doom: An incumbant president whom the left contends has "No one" to run against him, and he has only a 45% approval rating?
Less than half the people like him. I bet the survey doesn't include much of the "8.3%" unemployed.
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Zeke Liberal Miller on Feb 3, 2:50 PM said:
@dljenni: And you have to remember, these numbers are coming from liberals!
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Libervative on Feb 3, 4:07 PM said:
@dljenni: 45% and rising ... as opposed to the GOP which has, what, -6,000,000% and dropping?

Obama will win. He's running unopposed.
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JuJuBeans on Feb 3, 2:47 PM said:
Yep, who gives a rat's ass about the truth.
Soon we'll have 0% "official" unemployment.
Real unemployment?
Meh, whatever, as along as Apple trades up and American Idol is on.
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RightLies on Feb 3, 4:27 PM said:
@JuJuBeans: The GOP is a disgrace to the white race.
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pontius on Feb 3, 2:52 PM said:
It's interesting how when you go to the websites, the majority of commenters are anti-Obama, and tha onslaught of racist association0stories about Ron Paul don't seem to be distracting blacks from the fact that he would free damn near as many of them as Lincoln, should he succeed in abolishing the fed and ending the drug war. My point is, no one believes the bullshit you peddle any more. So you might as well come on with the violent repression, which I guarantee you immoral statists will commence first. Your cause is a peceived entitlement to not work and steal. Some believe there is an altruism in you keynesians, that you really feel a moral obligation to manage the human race. Maybe so for some of you, but we decline your services. You rule without consent. You are tyranny. Go do something productive for once. Worry about yourselves.
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RightLies on Feb 3, 4:33 PM said:
@pontius: There are plenty of nations with the minimal government you are trying to sell. Funny thing is I am pretty sure you would not want to live there.
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Dan on Feb 3, 3:01 PM said:
I voted for Obama the first time, but afer the healthcare debacle I vowed I would not vote for him again. I'm sticking by the pledge, he the most elitiest and arrogant president in reccent memory. Of course I think the debt problem will sink him regardless of how the economy is doing.
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RightLies on Feb 3, 4:35 PM said:
@Dan: You are so full of bull shit.
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pontius on Feb 3, 3:04 PM said:
...I was referring to black audience websites. Surprisingly, I noticed the majority of commenters are ANTI Obama, with very specific and understandable reasons why. The Berkeley Hills crowd and the Wall Street crowd see the world one way, and together they are disconnected from everyone else. The rest of us see a half kenyan/half hawaiian globalist fraud, a papademos in waiting, ready to surrender our sovereignty to the IMF when asked. Fuck Obama, Congress and the Fed. Seeing what they're doing with these economic indicator numbers and to Ron Paul, I'm assuming Nov 2012 is already decided, like wrestling, seeing as both parties have decided to stop trying hard to pretend they're any different and the global bankers have made it clear that they have final say over who runs.
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TeaPartyNation on Feb 3, 3:33 PM said:
Time and time again, Weisenthal has shown that he is an embarrassment to Business Insider, and embarrassment to himself and and insult to the viewers of Business Insider. He is so utterly clueless that he actually believe that when you graph ANY two items on the same chart - there MUST be a causal relationship between them - from which he then draws the most idiotic conclusions possible.

My intelligence has been assaulted by Weisenthal for the last time. I will never bother to look at the garbage he creates ever again. And if Business Insider management doesn't have the sense to fired this fool, I'll stop my visits to this site.
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DeDe on Feb 3, 3:54 PM said:
@TeaPartyNation: There is a pretty strong correlation there. I'd love to see the R2. Why wouldn't there be? It's the economy stupid. What reflects the economy? Duh, the stock market. Look at the $ vs. other currencies in the past few weeks. Weakkk. Guess why? No hikes till 2014. Bad for savers, great for speculating in the bubble stock market. Good for jobs (in the short run). Bunts is a provocateur but he is right. Would be buy and hold, mind. But it's been engineered right on time.
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DeDe on Feb 3, 3:55 PM said:
@DeDe: wouldn't be that is...
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Kangaroo Dictator on Feb 3, 3:39 PM said:
The only job of any elected official is to get elected.
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Nicolas on Feb 3, 3:45 PM said:
What a horrible BANANA REPUBLIC the U.S. has become. What a disgusting bunch of lies and manipulations. PATHETIC
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Frenchy on Feb 3, 3:47 PM said:
Stupidest. Article. Ever. So just how long, Mr. Weisenthal, have you been drinking the Obama kool-aid?
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Libervative on Feb 3, 4:08 PM said:
@Frenchy: That's PRESIDENT Obama to you, Gopper.
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janeb on Feb 3, 3:57 PM said:
so now it's all clear. Bernacke pumps up the stock market....Obama gets reelected. Who cares what happens after? Obviously not a concern
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watchingthesuckingmachine on Feb 3, 4:39 PM said:
Another proof that the american pigs doesn't care and has no trace of moral or brain.